Pretty simple really. For tax purposes it makes very little difference to me whether I lose 50% of my investment or a 100%. Have a relatively small holding that represents about 2% of my portfolio. There is more than one way to skin a cat in the financial game and their is always a bigger picture. Do I want to take a loss no I do not but the facts of life dictate that you cannot always win. First cut would have been the cheapest but there you go. There have been some fabulous gains made in just the last 3 weeks that outstrip losses in this company by a wide margin. Truly tho WTF do you comment on this stock...there are thousands of others. Or do you just enjoy trolling this one.?
GSW Price at posting:
28.5¢ Sentiment: Sell Disclosure: Held